Stock and option awards for Ferguson (NYSE: FERG) director Murphy

Rhea-AI Filing Summary

Ferguson Enterprises Inc. director and officer Kevin Michael Murphy reported equity awards rather than market trades. He received 13,923 restricted stock units and stock options for 28,582 shares of common stock at an exercise price of $231.63, all granted at no cash cost under the 2023 Omnibus Equity Incentive Plan. The RSUs and options vest in three equal annual installments beginning on March 12, 2027, subject to his continued service or eligible retirement, and the options expire on March 12, 2036. Following the grant, Murphy directly holds 177,431 shares of common stock, with no open‑market purchases or sales reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Murphy Kevin Michael

(Last) (First) (Middle)

C/O FERGUSON ENTERPRISES INC.

751 LAKEFRONT COMMONS

(Street)

NEWPORT NEWS VA 23606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ferguson Enterprises Inc. /DE/ [ FERG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/12/2026		A		13,923(1)	A	$0	177,431	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$231.63	03/12/2026		A		28,582		(2)	03/12/2036	Common Stock	28,582	$0	28,582	D

Explanation of Responses:

1. The reported securities represent Restricted Stock Units granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan, which entitles the Reporting Person to receive the stated amount of Common Stock in three equal annual installments beginning on March 12, 2027 (the "Vesting Dates"), subject to the Reporting Person's continued service through the Vesting Dates or retirement, if eligible.

2. The reported securities represent Stock Options granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan, which entitles the Reporting Person to receive the stated amount of Stock Options in three equal annual installments beginning on March 12, 2027 (the "Vesting Dates"), subject to the Reporting Person's continued service through the Vesting Dates or retirement, if eligible.

Remarks:

President & Chief Executive Officer

	/s/ Ian Graham by Power of Attorney	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Kevin Michael Murphy acquire in Ferguson (FERG) on this Form 4?

Kevin Michael Murphy received 13,923 restricted stock units and stock options for 28,582 shares of Ferguson common stock. These awards were part of his equity compensation and did not involve any open‑market buying or selling of shares.

Are the Ferguson (FERG) awards to Kevin Michael Murphy immediately vested?

No, the awards are not immediately vested. Both the RSUs and stock options vest in three equal annual installments starting on March 12, 2027, and require Murphy’s continued service or eligible retirement through each vesting date.

What is the exercise price and expiration date of Murphy’s Ferguson (FERG) stock options?

The granted stock options cover 28,582 shares of Ferguson common stock at an exercise price of $231.63 per share. These options expire on March 12, 2036, giving a long window during which they can be exercised after vesting.

How many Ferguson (FERG) shares does Kevin Michael Murphy hold after these grants?

After the reported transactions, Kevin Michael Murphy directly owns 177,431 shares of Ferguson common stock. This total reflects his updated holdings following the equity awards and does not indicate any concurrent share sales or purchases.

Were Kevin Michael Murphy’s Ferguson (FERG) awards part of an equity incentive plan?

Yes. Both the restricted stock units and stock options were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. This plan provides equity-based compensation, aligning executive interests with shareholders over a multi‑year vesting period.

Did Kevin Michael Murphy buy or sell Ferguson (FERG) shares on the market in this Form 4?

No market transactions occurred in this filing. The Form 4 reports equity compensation grants only—restricted stock units and stock options awarded at no cash cost, with no open‑market purchases or sales disclosed.